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$ 47,900
Est. payment | /mo
$ 47,900
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11742418
Property Description
This ±3.7-acre R-3 zoned tract in Brownsville, Tennessee offers developers and investors a versatile residential canvas in a market on the cusp of significant transformation. R-3 zoning permits single-family, duplex, and multi-family development - giving a buyer the flexibility to match the right product to the moment. Brownsville sits just 13 miles from BlueOval City in Stanton - Ford's massive manufacturing campus expected to bring thousands of jobs to West Tennessee. Brownsville's mayor has publicly stated the city lacks new housing development after years of population decline, and that quality housing to accommodate incoming workers is the city's most urgent need. This tract is positioned to directly answer that demand. Median home values in Brownsville have risen significantly, with mean housing values now exceeding $294,000, signaling a market gaining real momentum. With a low cost of living and an affordable land basis, the return potential for a well-executed residential project is compelling. Whether the end game is a single-family subdivision, rental homes, or a small apartment community, this site offers the zoning, the scale, and the timing to capitalize on one of West Tennessee's most closely watched growth stories.
Location
State TN
County 47075
Rooms
Kitchen 0
NEARBY SCHOOL & BUSINESS
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Shawn Wilmoth, CCIM
Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States